Vertical Connections on the Construction Market

2018 ◽  
Vol 20 (1) ◽  
pp. 7-17
Author(s):  
Aneta Marichova
Keyword(s):  
Economic Activity ◽  
Product Market ◽  
The Other ◽  
Bilateral Monopoly ◽  
Goods And Services ◽  
Construction Market ◽  
Construction Firm ◽  
Vertical Chain ◽  
Construction Product

Abstract The specificity of construction as an economic activity and of the construction product (goods and services) determine the existence of a complex vertical chain of links, involving different actors, which they perform simultaneously the function of the buyer of the product from a previous participant and vendor product to the next participant. In practice, this means that in every unit of the vertical chain construction firm as a buyer of resources and services can be monopsony or oligopsony, on the other hand as the seller of the created product may be in the role of a monopoly or oligopoly on the market. The aim of the study is the analysis the model of a bilateral monopoly on the resource and product market, the conditions of equilibrium and the behavior of the construction firm at the entrance and the exit, taking into account the specificities of different segments of the construction market.

scholarly journals Role of the Government for Development of Sustainable Construction

2020 ◽  
Vol 22 (1) ◽  
pp. 53-62
Author(s):  
Aneta Marichova
Keyword(s):  
Economic Activity ◽  
Sustainable Construction ◽  
Construction Process ◽  
Construction Company ◽  
Construction Market ◽  
Organization And Management ◽  
The Government ◽  
Role Of The Government ◽  
Construction Product

Abstract In the last years questions related to sustainable development are particularly relevant. The construction market is usually identified as the first sector to face serious problems and requires special attention in implementing the idea. The main reasons for this assessment lie in the specifics of construction as an economic activity, the specifics of the construction product, the construction process, the specifics of organization and management of the construction company and the strong economic, social and environmental effect. The purpose of the proposed study is: 1) analysis of the problem of sustainability of the construction market, 2) the role and influence of the government for the development of sustainable construction.

scholarly journals Muslim Youths and Societal Development: The Case of Nasarawa State

2018 ◽  
Vol 3 (1) ◽  
pp. 37
Author(s):  
Muhammad Maga Sule
Keyword(s):  
Social Development ◽  
Labor Force ◽  
Growth And Development ◽  
The State ◽  
The Other ◽  
Developmental Processes ◽  
Goods And Services ◽  
Societal Development

A linkage between Muslim youths and societal development is obvious and enduring since the time of the first Prophet on earth, Adam (A.S.). This interaction is connected symbiotically and, furthermore, one depends on the other for its sustenance. Therefore, the role of Muslim youths in the development of Nasarawa State cannot be ignored. The wheels of the development of a country rest on the shoulders of the youths. Consequently, the youths in Nasarawa State are the engine of the growth and development because they provide the labor force for the production of goods and services to take effect in the development of the state. Thus, the role of Muslim youths in the development of Nasarawa State is crucial for the entire developmental processes and aspirations of the whole society.  In addition, the productive youths are acknowledged as the cornerstone for societal rejuvenation. Keywords:Youth, Social Development, Nasawara State

scholarly journals Product differentiation policy of the construction firm

2017 ◽  
Vol 19 (1) ◽  
pp. 51-63
Author(s):  
Aneta Marichova
Keyword(s):  
Competitive Advantage ◽  
Product Differentiation ◽  
Competitive Advantages ◽  
Sustainable Competitive Advantage ◽  
Construction Company ◽  
Construction Market ◽  
Market Product ◽  
Construction Firm ◽  
Product And Process ◽  
Construction Product

Abstract Usually, the possibility of product differentiation of the construction company is defined as restricted, limited. Product differentiation as a key element of product policy aims to create a sustainable competitive advantage in the minds of consumers, using tangible and intangible characteristics and product properties compared to the next strongest competitor. The ability of any company to differentiate their own product makes it distinct from competitors and gives the opportunity to control the market and build competitive advantages. The aim of the study is to prove: 1) The need to differentiate the product of the construction company, 2) Guidelines for differentiation of the construction product taking into accounts the specifics of the construction market, product and process.

On the Theory and Practice of Compradors: The Role of ʿAbbud Pasha in the Egyptian Political Economy

1990 ◽  
Vol 22 (3) ◽  
pp. 291-315 ◽  
Author(s):  
Robert Vitalis
Keyword(s):  
Political Economy ◽  
Economic Activity ◽  
Industrial Development ◽  
Local Economy ◽  
Theory And Practice ◽  
The Other ◽  
Theoretical Problem ◽  
Foreign Investors ◽  
Strict Definition

One of the most resilient ideas introduced to the analysis of economic and political change under colonialism and imperialism is the “comprador” and, by extension, the “comprador bourgeoisie.” The comprador in essence embodies or internalizes the basic theoretical problem of the peripheral political economy: economic activity oriented primarily for the benefit of the other.1 By strict definition, compradors are native agents or partners of foreign investors who operate in some form in the local economy. However, in the theoretical context of assessing the possibilities for local industrial development, compradors represent forces that hinder change. As “agents of foreign imperialism,” they act “against the interest of the national economy.”2

The Role of Clusters in the Modern Economy: Evidence from Abroad

2014 ◽  
Vol 2014 (5) ◽  
pp. 85-101
Author(s):  
Alla Rassadina
Keyword(s):  
Knowledge Creation ◽  
Economic Activity ◽  
Synergetic Effect ◽  
The Other ◽  
Innovation Activity ◽  
Supportive Services ◽  
Modern Economy ◽  
Advanced Economies ◽  
The One

The existing interest of researchers in clusters is based on the interdependence between clusters development on the one hand and the acceleration of innovation activity and growing competitiveness on the other. As systems of regional economic activity and innovations, clusters are developing due to the advantage of proximity, shared markets of specialized labor force, knowledge creation and transfer, network of supportive services together with a complex framework of social interaction, producing as a result a profound synergetic effect. The article examines the peculiarities of emergence and development of innovative clusters in advanced economies as well as specific features underlying their competitiveness. Such analysis seems to be of great importance taking into consideration the development of Russian clusters’ innovative component.

scholarly journals Role of the Construction Market and the Firm for Sustainable Development and Sustainable Construction

2020 ◽  
Vol 22 (1) ◽  
pp. 41-51
Author(s):  
Aneta Marichova
Keyword(s):  
Sustainable Development ◽  
Driving Force ◽  
Sustainable Construction ◽  
Detailed Knowledge ◽  
Competitive Advantages ◽  
Construction Market ◽  
Organization And Management ◽  
Construction Firm ◽  
New Challenges

Abstract Sustainable development and sustainable construction present every firm with new challenges. The concept of sustainability is the new driving force for the firm and decision making, which are part of the overall sustainable strategy. The implementation of this strategy is a factor for creating, offering and realizing additional economic, social and environmental value for the client, stakeholders and society as a whole, and building competitive advantages. Detailed knowledge of the principles and requirements for sustainability and the necessary changes at the market and company level are mandatory for every construction manager. The main goal of the research is 1) analysis of the role of the construction market and the firm for sustainable development and sustainable construction, 2) outlining the necessary changes in the organization and management of the firm in order to create sustainable construction firm and development sustainable construction.

scholarly journals DAMPAK PEMBANGUNAN INFRASTRUKTUR JALAN DAN VARIABEL EKONOMI LAIN TERHADAP LUAS LAHAN SAWAH DI KORIDOR EKONOMI JAWA

2014 ◽  
Vol 2 (1) ◽  
pp. 21
Author(s):  
Puspita Mega Lestari Effendi ◽  
Alla Asmara
Keyword(s):  
Panel Data ◽  
Data Model ◽  
Economic Activity ◽  
Agricultural Land ◽  
The Other ◽  
Panel Data Model ◽  
Infrastructure Development ◽  
Road Infrastructure ◽  
The Impact

<em>The role of road infrastructure is important for economic activity in Java Economic Corridor. Infrastructure is needed for developing economic activity, but on the other side it decreases the size of agricultural land. This research is analyzing the impact of road infrastructure development and other economic variables on the size of agricultural land in Java Economic Corridor. This research uses panel data model in 6 provinces in Java Economic Corridor 2001-2011. The finding of the research shows that variable length of road (PJ), population density (KP), and a number of large and medium industries (IND) negatively affected the size of agricultural land in Java Economic Corridor</em>.

scholarly journals PEMBINAAN DAN PENGEMBANGAN USAHA KECIL DALAM PEMBANGUNAN EKONOMI INDONESIA

2016 ◽  
Vol 6 (3) ◽  
pp. 282
Author(s):  
Sentot Harman Glendoh
Keyword(s):  
Small Business ◽  
Economic Crisis ◽  
Foreign Exchange ◽  
Economic Activity ◽  
Great Influence ◽  
Small Scale ◽  
Main Role ◽  
Goods And Services

Small business as an economic activity of society on a small scale, has a central role in the economy of Indonesia. Although the economic crisis has created a great disturbance in the live of large and middle-size business, apparently small business continues to function well in the lower levels of the economy.The main role of small business is: 1) use excess labor; 2) as a producer of goods and services at reachable prices for the lower econimic levels of society; 3) as a potential producer of foreign exchange because of the success of this type of industry in producing non-oil commodities for export.Remembering that the role of small business is large and has great influence on the lower economic levels of society, it is quite necessary to pay attention to the development of this sector.

A Concept of Two Authors: Commons and Williamson on Transactions

2021 ◽  
pp. 026010792110374
Author(s):  
Sebastião Neto Ribeiro Guedes ◽  
Rodrigo Constantino Jeronimo
Keyword(s):  
Social Sciences ◽  
General Theory ◽  
Transaction Costs ◽  
The Other ◽  
Relevant Research ◽  
Goods And Services ◽  
Research Context ◽  
In The Beginning ◽  
Neoclassical Economy

The idea of transactions in social sciences was conceived by John Rogers Commons in the beginning of the 1920s, representing a mental instrument capable of describing capitalism and its peculiarities. On the other hand, Oliver Williamson’s approach in late 1970s reduced the concept to the mere transfer of goods and services in institutions that are or are not guided by the price system. The aim of this article is to present the characteristics of these two different approaches to the concept of transactions, evidencing the role of epistemological aspects and investigative purposes (referred to relevant research context and problem originated in it) as the causes of its metamorphosis. John Commons’ effort to build up a concept not only capable of transcending the idea of exchange but also of giving a totalising perspective to the interpretation of capitalism is emptied in Williamson’s appropriation of the term. By utilising Commons’ conception of transactions and trying to subsume it to his ‘general theory of transaction costs’, Williamson limits its scope and meaning, adjusting it without producing rupture with the neoclassical economy. This article tries to catch the vicissitudes of this concept found in both authors. JEL: B15, B25, B31

scholarly journals CUSTOMER SATISFACTION DETERMINATION AND IMPLICATIONS ON BEHAVIOR INTENTION (EMPIRICAL STUDY OF FOUR AND FIVE STAR HOTELS IN NORTH SULAWESI)

2021 ◽  
Vol 2 (3) ◽  
pp. 540-553
Author(s):  
Elim Noldy Paendong
Keyword(s):  
Customer Satisfaction ◽  
Positive Relationship ◽  
Research Problem ◽  
Tourism Industry ◽  
The Other ◽  
Goods And Services ◽  
Behavior Intention ◽  
North Sulawesi ◽  
Service Convenience

This study aims to determine and empirically prove the positive relationship between servicescape, interaction orientation, service convenience on customer satisfaction, and implications for behavior intention. This research problem departs from the concept of pentahelix in the tourism industry and the Ministry of Tourism's priority programs, especially digital tourism, and homestays are the central themes in this research. The success of achieving the target of tourist visits is closely related to the accommodation system at the destination, in this case the role of the hotel. On the other hand, the sustainability of a destination is closely related to the operations of the hotels located in that destination. That is, in conditions of an increase in the flow of visits to certain destinations accompanied by a rapid increase in the number of hotels. So it can be concluded that in a business both goods and services, servicescape, Interaction Orientation, Service Convenience are important factors in increasing customer satisfaction, even the three tadit factors, namely servicescape, interaction orientation, service convenience can encourage customer interest in using the product or services offered.

Sign in / Sign up

Export Citation Format

Share Document